Hello traders, we want to check the EURGBP chart. The price has reached a well-defined support level that it has reacted to several times in the past. We expect the price to grow to around 0.85600. Good luck.
A #long trade opportunity recently presented itself on the #europound (#EURGBP) #trading chart 📈. This is indicated by the #bullish harami candlestick 🕯️ pattern just above the 0.85253 horizontal support level. This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy). Sufficient upward momentum should see price...
OANDA:EURGBP has given a strong upside breakout from previous 4 weeks range. It has been retracing towards fib 50-75% levels where we can look for buy side setups.
eurgbp possible long for 0.8620. demand zone for long is 0.8560-30. stop loss: 0.8515, target: 0.8620
EURGBP has returned to the ascending channel. The AB=CD pattern has worked out a reversal of the movement. The chart reached the resistance level. We think that the price may correct to the support, which coincides with the 38.2% retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders, we want to check the EURGBP chart. After breaking the channel and a strong upward movement, the price is making a correction to a key level. We expect this level to play the role of a support level and the price will maintain its upward trend and grow to around 0.86400. Good luck.
Hello traders, we want to check the EURGBP chart. After breaking the uptrend line, the price has pulled back to the specified key level. We expect this level to act as a resistance level and the price will fall to around 0.85400. Good luck.
Market Analysis PT2/2 (9th April 2024) EURGBP Analysis On the 4 hour Timeframe, Price action has rejected of a 4 hour resistance level, creating a bearish 4 hour Change of character, followed by a BOS. This price action has resulted in a formation of a bearish FVG and a bearish Orderblock as well. In order for price action to continue shorting, i expect...
Pair : EURGBP ( Euro / British Pound ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Fibonacci Level - 61.80%
Hello traders, we want to check the EURGBP chart. The price has reached the specified support level after moving in a descending channel. We expect this level to stop the downward trend of the price and the price will grow to around 0.85650. Good luck.
Pair : EURGBP ( Euro / British Pound ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Consolidation Phase Completed " 12345 " Impulsive Waves
Regarding the previously posted EURGBP trade idea, this video provides an explanation of the thought process behind considering this trade opportunity. On the 1-hour timeframe for the EURGBP currency pair, the price has broken through the established structure to the downside. We can observe the formation of lower highs and lower lows, indicating a potential...
The EURGBP on the 1H time frame has broken structure to the downside we can see lower highs and lower lows and we're looking for an entry short on the retrace targeting previous lows as shown on the chart markup. For educational purposes only, not financial advice.
EUR-GBP is making a bullish Rebound towards the horizontal Resistance level of 0.85686 And after the retest I believe We will see a bearish correction !
EURGBP pulled back to resistance and 38.2% fibo levels following a massive sell-off. Price move is in the descending channel, indicating the bear's dominance. We anticipate a bearish move since the trend is bearish. It's a simple pullback trade from the reaction zone. ------------------- Share your opinion in the comments and support the idea with like....
EURGBP is making higher lows and higher highs, with bulls pushing the price higher. The market broke through the descending channel. Price printing AB=CD pattern where D point completes right at 141.4% fibo extension level. We anticipate a pullback to support and continue the trend. ------------------- Share your opinion in the comments and support the idea...
Hello Traders, here is the full analysis. Watch Potential bullish reversal levels for BUY. GOOD LUCK! Great BUY opportunity EURGBP I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments....
EURGBP is approaching a major resistance level and dynamic resistance. Price is in a bearish trend, and it's pulling back against the major trend. The market printed a bearish harmonic pattern, which adds more confluence to the level. We anticipate a sell off and bearish move. ------------------- Share your opinion in the comments and support the idea with...